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HomeMy WebLinkAbout99-20 RESOLUTION 99-20 APPROVING THE DEVELOPMENT CONTRACT WITH HILLCREST HOMES FOR RED OAKS LOTS 40, 41 AND 42 AND APPROVING FUNDING FOR CITY PROJECT 98-21 MOTION BY: Kedrowski SECOND BY: Petersen WHEREAS, the City has granted administrative plat approval for Lots 40, 41, and 42, Red Oaks; and WHEREAS, one required option of the administrative plat approval is to construct Red Oaks Road to the lots under a Development Contract; and WHEREAS, the Developer has requested to enter into a Development Contract for the construction of Red Oaks Road; and WHEREAS, it is advantageous to the City to accomplish a planned water quality improvement project, City Project 98-21, in conjunction with this Development Contract. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE that the Development Contract with Hillcrest Homes for Red Oaks Lots 40, 41,and 42 is approved and the Mayor and City Manager are authorized to execute said contract on behalf of the City. BE IT FURTHER RESOLVED, that as part of this Development Contract City Project 98-21 is approved and funded through the Storm Water Utility Fund. Passed and adopted on the 19th day of April, 1999. YES NO Mader X Mader - - Kedrowski X Kedrowski -- - Petersen X Petersen -- - Schenck X Schenck - - Wuellner Absent W llner Absent Frank Bo es City M City of Prior Lake 162QQo~le Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER